Bank Leumi Partners with Galaxy to be the First Bank in Israel to Offer Digital Asset Trading
Rhea-AI Summary
Galaxy Digital (Nasdaq: GLXY) announced a partnership with Bank Leumi, Israel's largest bank, under which Leumi will become the first bank in Israel to offer digital asset trading to its customers.
Leumi and PEPPER users will be able to buy, hold and sell selected digital assets, including Bitcoin, Ether and Solana, within the Leumi Trade capital markets app, in a dedicated secured section. The service is expected to be available in early 2027. Bank Leumi will use GalaxyOne Institutional for trading and related services and has also signed an agreement to use Galaxy's Custody Infrastructure platform, formerly known as GK8, to support its digital asset infrastructure.
Positive
- Partnership with Israel's largest bank to power digital asset trading
- GalaxyOne Institutional chosen as Bank Leumi's digital asset trading platform
- Custody agreement for Galaxy's Custody Infrastructure (formerly GK8) with Bank Leumi
Negative
- Customer trading service only expected to launch in early 2027
- Initial offering limited to selected assets: Bitcoin, Ether and Solana
Key Figures
Previous Partnership Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 15 | perpetual futures partnership | Positive | +0.8% | Kalshi integration expanded multi-asset perpetual-futures risk and performance management for Galaxy clients. |
| May 14 | digital lending partnership | Positive | +4.0% | Galaxy joined inaugural participants as Tokenet launched institutional digital-asset lending with first trades. |
| Aug 07 | treasury management partnership | Positive | +2.7% | Collaboration provided Galaxy institutional trading-platform access for DDC Bitcoin treasury management. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
All three tag-matched partnership events had positive 24-hour reactions: 0.81%, 3.99%, and 2.74%.
Key Terms
digital asset trading financial
digital asset infrastructure technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
The partnership pairs
Customers of Leumi and PEPPER, the bank's mobile digital banking arm, will be able to buy, hold and sell selected digital assets, including Bitcoin, Ether and Solana, within the Leumi Trade capital markets application. Trading will take place in a dedicated, secured section of the app. The service is expected to become available to customers in early 2027. Bank Leumi will be using GalaxyOne Institutional, Galaxy's institutional platform for banks, asset managers and other institutions for trading and other services, all built with deep expertise and institutional grade execution. In addition, Bank Leumi signed an agreement with Galaxy's Custody Infrastructure platform, formerly known as GK8, to support the bank's digital asset infrastructure.
"We are constantly working to expand the range of advanced financial services that the bank offers its customers. This initiative represents a significant pillar of the bank's innovation strategy and enables us to provide customers with simple, secure, and regulated access to trading digital assets through one of the world's leading technological infrastructures," said Maya Ravia, Head of Strategy at Bank Leumi. "We believe that digital assets are gradually becoming an integral part of the global financial system, and it is our role to enable customers to benefit from this development within a reliable, secure, and regulated banking framework."
"The future of finance will run on open, programmable rails, and we believe the banks that move first will define the era that follows," said Lior Lamesh, CEO of Galaxy Israel. "Leumi is the first bank in
For more information about Galaxy's institutional platform, visit www.galaxy.com.
About Galaxy
Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, growing the economy that runs on code. Galaxy delivers the onchain infrastructure that connects institutions to digital assets, including trading, advisory, asset management, staking, self-custody, and tokenization. Galaxy also develops and operates data center infrastructure to power AI and HPC workloads. Anchored by its Helios campus in
About Bank Leumi Bank Leumi, founded more than 120 years ago, is Israel's leading financial institution and operates without a controlling shareholder. Leumi serves millions of customers across all segments, including households, small businesses, mid-sized companies, and large corporations. The Bank combines a nationwide physical presence with advanced digital and AI capabilities. Leumi's ongoing technological transformation has led to a significant improvement in its operational efficiency ratios, positioning it among the most efficient banks in the world.
CAUTION ABOUT FORWARD-LOOKING STATEMENTS
The information in this document may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended and "forward-looking information" under Canadian securities laws (collectively, "forward-looking statements"). Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future. Statements that are not historical facts, including statements about our onchain business, are forward-looking statements. In addition, any statements that refer to estimates, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this document are based on our current expectations and beliefs concerning future developments and their potential effects on us taking into account information currently available to us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks include, but are not limited to: (1) risks related to our digital assets business; (2) changes in applicable laws or regulations; (3) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (4) changes or events that impact the cryptocurrency and AI/HPC industry, including potential regulation, that are out of our control; (5) the risk that our business will not grow in line with our expectations or continue on its current trajectory; (6) the possibility that our addressable market is smaller than we have anticipated and/or that we may not gain share of it; (7) any delay or failure to consummate the Company's business mandates or achieve its business pipeline goals; (8) liquidity or economic conditions impacting our business; (9) technological challenges, cyber incidents or exploits; and (10) those other risks contained in filings we make with the Securities and Exchange Commission (the "SEC") from time to time, including in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, available at www.sec.gov. Should one or more of these risks or uncertainties materialize, they could cause our actual results to differ materially from the forward-looking statements. Except as required by law, we assume no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements. You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements.
©Copyright Galaxy Digital 2026. All rights reserved.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-leumi-partners-with-galaxy-to-be-the-first-bank-in-israel-to-offer-digital-asset-trading-302851151.html
SOURCE Galaxy Digital Inc.